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-elected the house republicans. so whether people intended or not, we have divided government. >> the american people made clear that there is no mandate for raising tax rates. >> keeping them honest. president obama campaigned and won. so his victory throws cold water on that claim. democrats gained seats in the senate and on the house. more than two in three people support tax hikes for the wealthy. it is something that republicans will be grapling with from now until new year's day. >> thank you. >> your proposal that republican lawmakers should agree with democrats should extend tax cuts for those making $250,000 or less later that is an idea that a lot of republicans are reki resisting. what kind of push back are you getting? >> i think some have more questions about it. i don't believe in raising tax rates on anybody. by slowing down growth cuts revenue. i think the president need to come to the table with real entitlement reform. if we agree that taxes should pt go up on 98% of the people? shoundn't we set that aside now? i think we'll win the argument on the other areas. putting people at ris
the government for a limited period of time. so the president really needs to tell us what his plan is. i'm increasingly pessimistic, not optimistic, because the president seems to be campaigning, rather than going anywhere and doing anything to get a deal. because if we don't get a deal, it will hurt a lot of people. >> are you saying that the way we're going now, we could actually go off the fiscal cliff? >> we don't know what the president has said he needs, because revenue is not enough to solve the problem. as you know, we have a trillion dollar annual deficit and this would not close that gap at all. so the president needs to come up with a plan and for better or worse going to require leadership. no member of the senate or the house is going to be able to do this, this is something the president has to do by himself and he can't do it on the campaign trail. >> let me ask you this because you wrote an op-ed today and you wrote about divided government about the deal. you said divided government means that neither democrats nor republicans will be able to pass legislation along stric
rebels say they shot down a government jet. >> children on the back of a tractor make a sizable tangled lump of metal. now a trophy of war, proudly shown off. we want to take these pieces to show them to the orvilleages, he says. let them see what happened to these planes. everyone we speak to here describes the fear they felt any time they heard a jet overhead. for them, this is the greatest victory. >> the wreckage is being picked through pretty quickly by young and old alike. resident thes are telling us, as soon as the strike took place, they began rushing to the scene. one man we spoke to said he was picking olives, he saw the plane being hit and the two pilots ejecting. at that point everyone fanned out, looking for them. he and others are telling us that one pilot was found unconscious with a head injury. >> video posted to youtube shows a man in military uniform, seemingly unconscious, being carried away. as a man offcamera states, here is the pilot who is shelling the houses of civilians. another clip is of him in a makeshift field clinic, head bandaged a voice says this is the
? >> reporter: let's show you some of the savings when it comes to government spending. first of all, they put about $600 billion in what the republicans are calling health savings. we understand -- we don't have details. we understand much of that comes from medicare, things that we've heard from republicans over and over like raising the eligibility age, means testing, things like that. so then we have about $600 billion in essentially spending cuts, half from mandatory spending, half from discretionary spending. this is the other very interesting thing that's new. $200 billion from revising the consumer price index. that sounds very technical. but it has very real world consequences because it very much could affect the money, the checks that social security recipients in particular get every single month because it effectively changes inflation so it changes the formula from what they would get. >> significant differences between the white house proposal on this part of the equation as well as on the tax equation. the politics behind this latest republican counterproposal, are they just go
: the syrian government confirming it's getting its chemical weapons ready and may use it. the assad regime prepared the nerve gas sarin and loaded it. martha: i'm martha maccallum. president obama is warning assad that the whole world is watching his actions very closely, and if he were to use chemical weapons on his own people, it would clearly have large consequences for him. bill: secretary of state hillary clinton called an emergency meeting with the pentagon. >> the pentagon has contingency plans for everything including the chemical attack. it's believed according to a u.s. source that syria has put this sarin fast into cannisters that could be dropped from planes. these cannisters are designed to fracture so the devastating nerve gas could escape. but it's not known whether syria intends to use those chemical weapons. we think we have it in aerosol form. the u.s. is making contingency plans in case bashar al-asaad leaves the country suddenly and flees somewhere for asylum which would leave a vacuum there. several countries in that region are trying to find a place for assad to go. s
, down the road an islamist-led government could use the constitution to deny them the right. they don't want to vote on this draft constitution. that's why they're out here protesting at this hour. >> reza, as always, appreciate your reporting from sicairo. >>> strong warning for syria's president not to use chemical weapons against his own people. nato secretary-general said the use of such weapons would result in an immediate reaction, his words. he described the syrian stockpiles as a matter of great concern and president obama has been warning of consequences if al assad makes what mr. obama calls the tragic mistake of using chemical weapons. former british prime minister tony blair voiced his concerns earlier on cnn. >> i mean now the death toll probably would be around 40,000, since this began, since a large number of people. but if there was any sense at all that assad was going to use chemical weapons or did use chemical weapons against his own people i expect a tough response that would be military. >> and nato is taking no chances by trying to protect one of its members, all
>> tonight, what would you do with half a billion dollars? >> should the government get out of the gambling business or are lotteries just good clean fun? >> my hope is to get this done before christmas. i'm optimistic that we can avert this crisis and sooner rather nan later. should the rich pay more? >> plus money guru dave ramsey on you and your taxes. >> you can't have one percent of the people who own and control more wealth than the other 90% of the people. >> this is piers morgan tonight. >> good evening. our big story tonight is $550 million worth big. >> none of that is tarnished the enthusiasm of those who bought tickets today. dave ramsey is the host of the dave ramsey show. welcome, dave. >> thanks. good to be with you again. >> on the face of it, a good bit of fun. one, big, winner, what is wrong with that? >> the problem is several things. rich people don't play the lottery. look who is standing in line snp it is darryl and his other brother darryl. >> there is a point to that. and i know that all statistics say they tend to be ill educated and poorer and those
the evil rich or whatever, we would be -- save enough money or raise enough revenues to run the government for eight and a half days. that doesn't make any sense. plus, the president is announcing that he doesn't even want to put it towards deficit spending. he wants to do new spending, new stimulus, new infrastructure, new education. there's not one word of entitlement reform, social security reform, medicare reform. the structural debt. let me tell you what the leverage is, cornel. you want to know what the heart of the electorate is? it's the senate democrats who are elected in the last midterms and the senate democrats that were elected this time on a debt reform, spending reform, entitlement reform. those are your senate democrats who couldn't even pass something that was half as bad as this. you're not -- this is worse than laughable. it's despicable. >> a couple of things. one, mary, i love you in red. two is that look, what's wrong with us going back to quite frankly the rate under bill clinton? you remember the clinton years? the largest economic expansion in our history? everyone
american citizen living abroad, track him down in that other country and then for the u.s. government to kill him with a missile in that other country? the man's father went to court in advance of our government doing that to try to stop the u.s. government from doing it. the father sued to say in advance that his son should be arrested instead of killed on the spot if he was found, but he was found and he was just killed on the spot with a missile. u.s. citizen. then a month later, we killed his 16-year-old son, too. also an american citizen. same cause of death. we have done things in the past decade or so that if you asked anybody in advance of us starting to behave this way, whether the united states of america would ever be a country that behaved this way, there's no way you could have convinced anyone. we granted ourselves position to act this way when we set our response to being the victim of a massive terrorist attack in 2001 was going to be that we were going to declare we were at war. congress passed an authorization of military force against the group that attacked us and
here by the u.s. government and i feel like i've been dumped here and forgotten. made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> house republicans say they have a laundry list of problems with the president's opening bid and budget talks to avoid the so-called fiscal cliff. utah congressman jason chafe fits joins me now. the president was campaigning today in campaign mode certainly and basically what the democrats and the white house are saying is this is what the american people voted for. all of the exit polls show that there is strong support, more than 60% of the voters, support tax increases for the wealthy. so how do you counter that? >> well, the president also said he was for a balanced ap
not be conceding that the federal government needs more money, negotiating with ourselves, and treating the president's proposal like it's serious. >> very critical of john boehner. and demint's press release aimed squarely at john boehner. $800 billion tax hike will destroy jobs, allow washington to spend more. as you all know, john boehner put an $800 billion tax hike as a center of his proposal. so john boehner got rejected from the white house, which wants another $800 billion on top of that in tax hikes and then rejected by the right wing of his own party which wants absolutely no tax hikes at all. so unlike harry reid, i actually feel genuine sympathy for john boehner. so kudos, speaker, for showing deserters or desenters who is boss. boehner stripped house members who opposed key committee assignments today. and earlier i spoke with one republican leader in the house who himself has been out of step with boehner in recent days. deputy whip congressman tom cole of oklahoma. he said the gop should agree to obama's proposal to extend bush tax rates for households that make less than
the fiscal cliff. >> those three guys are here live. and the man who shut down the government under bill clinton. what newt gingrich thinks it will take to avoid that happening again. >>> plus one of my personal heroes, the fastest man in the history of planet earth. jamaican sprinter usain bolt revealing a talent you may not know he has. ♪ let's get together and feel all right ♪ >> this is "piers morgan tonight." >>> good evening. our big story tonight, you are so hot, america. i mean that literally. the temperature was a balmy 60 degrees this afternoon in new york just outside cnn's studios. the average high temperature in december is normally 43. a warm front has flooded the lower 48 states. quite extraordinary but is it evidence of man-made global warming? that's tonight's battleground america. joining me now, bill nye the science guy and mark morano, the publisher of climate depo.com. welcome to you both. let me start with you, mark, if i may. you are implacably opposed to the concept of man-made climate change. why? >> we followed the evidence. there are quite literally hundred
increases. we're saying it now like it's normal. 25% of gdp for government spending and you've got bloated government already, you start there. you start at government spending. you don't immediately start spending another 50 billion in stimulus. >> that's going to be the question that boehner has to deal with. the president will have to deal with the far wings of his party. boehner started doing it. did you see they removed two tea party members from the budget committee? >> i don't want to raise taxes to fund 25% of gdp. >> and actually, the american taxpayers are being told to pay their fair share. they want to see real entitlement reform as well. but you have to deal with the issue on the table. i mean, the spending right now is a percentage of gdp is 24%. it's projected to go substantially higher. do you know that medicare and medicaid didn't exist 50 years ago and they're now a quarter of the federal budget? >> i know. it was supposed to be supplemental. david walker was on the other day talking about obama care which is supposed to save us a trillion dollars and the actual cost, wha
hearing at the start of the health reform debate, which may be apocryphal, "keep government hands off my medicare." the big tea party uprising was in large part a reaction to the idea, quote/unquote, of socialized medicine. it was the affordable care act, and the government, quote, takeover of health care, that fanned the flames of the post-obama tea party protest. but, of course, most of the actual republicans who were actually elected back then were elected because they ran ads like this. >> congressman brad ellsworth said he would protect our seniors. but when he got to washington, congressman ellsworth voted for the largest cuts in medicare history, over $500 billion. robin carnahan supports $500 billion in medicare cuts, ç hurting seniors most. rand paul doesn't support higher medicare deductibles for seniors. conway distracts with negative ads to hide his support for obama care, which cuts medicare by $500 billion. >> that was 2010. fast forward to this year's election and the same principle carries through. each side tried to convince voters that the other guy wanted to take the
-called haircut can be revisited. in the past, merkel's government had ruled out forgiving any debt. >> in corporate new, ubs is reportedly close to a settlement. the "new york times" says the swiss bank is expected to pay horn $450 million over claims that some of its employees submitted false libor rates. that's pretty huge story and we will take a look and ten to see what happens with this. also morgan stanley trader is under investigation by cme regulators over trades and treasury futures four years ago. at the time he was employed by goldman sachs. he's now head of global interest rates products at morgan stanley. the probe is aimed at establishing whether hadden's late trades hat manipulate closing prices and made other trades more profitable. also singapore airline says that it is in talks with interested parties to sell its 49% stake in virgin atlantic. delta is reportedly among the potential suit ors. delta is said to want to gain access on injury gain's landing rights at london heathrow. >> biggest international hub h around. i think an dwderson is really g. it's profita
't respond to, this party that has paraded around, the party that wants to rein in government spending, they are unable to identify any changes in medicare or entitlement spending which shows the tea party at its core was a phoney, phoney movement. >> joy, it's interesting to hear ron referring to august 2011 because a number of refers appear to have forgotten something happened in november 2012 called a presidential election. >> right. it was an election in which president obama, unprecedented for a democrat, actually ran on a platform of raising taxes. he said, i'm going to raise taxes on the top 2% and he was re-elected resoundingly with it. to what ron said, if it's only $14 trillion, what's the big deal, go ahead and let the rich pay it? that's number one. number two, the other thing that's been exposed and what's true, what's always been true about conservativism is that the core principle is the rich don't pay too much, they pay too little. when they say things like broaden the tax base, they think it's a moral hazard to have a progressive tax code. you want a flatter tax code f
the presidential palace today. jim joins us now on the telephone. >> well, those tense of thousands of anti-government protesters who did the marching on the presidential palace were initially met by riot police who blocked off all approaches to the symbolic seat of power, the palace. these protester were calling loudly for an end to president morsi's decrees. we know they've given him near absolute power. they also call for a cancelling of that snap referendum that he's called for to ratify a draft constitution, which many critics here are saying favors egypt's islamists. at one point, the police were seen firing tear gas into the crowd, but that backfired when some protesters broke through police lines. police then dropped back, regrouped, and order soon returned. eventually morsi's motorcade was seen leaving the palace. then the police slowly left the area as well, leaving it to a lot of baffled protesters, wondering what to do. many of them went home at that point. maria, the opposition calmed this protest a last warning. it may give them a shot in the arm. they did look good tonight and looked li
except trying to rein in government. >> the truth of the matter, what's a starting to happen is that international investors, the fact that we cannot govern is going to really come home to roost. >> gld man says this is the first time he's seen people take it out of american markets. >> it's he supposed to work this w way. they can't govern either. >> i was so hopeful, i wasn't obviously thrilled with the election results, but i actually thought that result might be the result we needed to get thefshs done. >> in a way you you have the situation where -- >> you extend 98 but not the 2? believing that story is so -- >> either raise them on everyone or raise them on -- either it will hurt the economy if you raise taxes or it's not. on 98 it won't hurt, on 2 it will -- >> we'll have more on this argument. in the meantime, let's talk about some of the other headlines. financial firms are gathering for the goldman sachs financial services contractors. a key presenter is brian money tha moynihan. we talked about his reports of planned fee increases. plus there was the issue of pres
rely on food stamps. republicans say it's far too many. it's government assistance out of control. certainly a major theme during the republican primary. >> president obama has been historically the most effective food stamp president in american histor history. >> in light of the continuing controversy over food stamps, new jersey democratic mayor cory book booker will live on food stamps saying, quote, nutrition is not a responsibility of the government. >> as you mentioned this all sort of began as a back and forth on twitter. we'll get to that in detail in a moment. first i want you to look at something that mayor booker posted on his twitter account. it is a grocery store receipt from pathmark, detailing some of the things that he bought. you can't really see it closely but we can tell you some of the things that he bought include red delicious apples, yams, broccoli, corn, chickpeas and lots of black and pink beans. he is documenting his week on food stamps on twitter. that means that he will live off of about $30 a week on groceries. that works out to about $4.32 a day. and
teaming with weapons that had been seized from the gadhafi government. it was a very dangerous brew. and there was also incidentally unclassified, open source of information. there had been a previous attack, a bomb exploded outside our benghazi mission, the british mission had been attacked, red cross mission. the british government closed its mission in benghazi. i haven't reached a conclusion but i worry that there was a lot of evidence that was not adequately responded to. >> do you think what susan rice said after the fact should be enough to prevent her from being nominated and successfully confirm ford secretary of state? >> i don't. i mean, i'm -- the question of who president obama nominates for secretary of state is obviously up to the president. that's a right he's earned by his re-election. but i have been over the intelligence, the talking points that were given to ambassador rice. i have read over her statements on television that sunday morning over and over again, i met with her, and the acting director of the c. ia, it seems to me that everything she said on those m
the size of government. and i welcome that. he's choosing to do it outside now rather than inside the senate but he's had a huge, positive influence on the senate and we're going to continue to see that for years to come. >> senator, this may seem like a simple question, but i wonder, and a lot of people do is the senate from your perspective, is the senate a difficult place to be if you are someone who comes from executive background or someone committed to getting things done? is it a frustrating place to exist, day in and day out? >> i would say to you, i saw the article that you wrote earlier today, governors do -- who are used to having their own planes and flying around their states and controlling their own schedules do find it more challenging in the senate. i came from the state senate in wyoming. i enjoyed the opportunity to work with people on both side of the aisle to discuss the issues and continue to try to move proposals forward that i believe in about. i believe this is a place where you can make an effective difference in the direction of the country. >> now, let'
to dangerous levels that might have required a government bailout. a lot of people weren't marking things where needed to go. >> i have a lot of questions about this story. it's an amazing allegation. $12 billion in paper losses. >> a lawyer from one of the whistle blowers will join us at 6:50. in a statement to cnbc, the bank says that allegations have already been investigated and all accounting was proper. >> my biggest questions are the allegations say the bank was doing it 2007 to 2010 and nobody came forward until late 2011 to make any complaints. i just wonder if you had been complaining the whole time along -- >> we just had this discussion about how far away do you need to be to where it's a false mark. at least 10% wiggle room. there were no buyers. if there is buyers, does that make it zero. >> basel 2 created a system that if things became less liquid, there is no change in the actual value of of the underlying asset. just couldn't sell it. so it's a bit like saying my house is a lesser asset because i can't accept it right now even though i don't want to sell it right now. >> who m
-term contracts. the government is in support of energy independence in this country, so we don't think the taxes change for mlps and energy infrastructure investments. finally, if you like high-yield corporate bonds, we love high-yield municipal bonds where we're getting 6% federally tax free. corporate high yield has rallied too much. we've sold it. >> rick santelli, should we be focusing on something else? this constant focus on the fiscal cliff, obviously, it's been dictating sentiment. it's been dictating markets. are there other areas that investors should be looking at? >> well, i had a guest this morning, dr. saunders, who's testified on issues regarding housing, fha, in front of congress. he knows what he's talking about. he brought up what many of us are looking at. a lot of -- you know, real estate, residential construction was one of the positives in today's gdp report. we've seen a lot of positives in housing. but there's been a lot of legal ranging over a big group of foreclosures that looks like it's cleaned itself up. 2013 could see a lot of these dumped in the marketplace. i thin
, the israeli government spokesperson called the u.n. vote on the palestinian authority, quote, political theater. but the palestinian authority chief negotiator says the new status eliminates israeli justifications for building settlements in the disputed areas of east jerusalem and the west bank. ♪ announcing the all-new 2013 malibu from chevrolet. ♪ with a remarkable new interior featuring the available chevrolet mylink infotainment system. this is where sophisticated styling begins. and where it ends? that's up to you. it's here -- the greatest malibu ever. ♪ who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should avoid contact with application sites. discontinue
university where we are and saying we support president morsi and like the anti-government protest we can put on a large demonstration, too. a large turnout. a few thousand women. the gathering overwhelmingly men, and it's energized, chanting slogans. again, some of the opposition leaders and in support of the president. really this turnout puts into focus the conflict here between the opposition factions, the liberals, the moderates, the secularists and the president's supporters, the islamists, the supporters of the muslim brotherhood. the people here at the brotherhood demonstration support the president's move. they like the draft of the new constitution. they like that in about 15 days everyone is going to go out and have an opportunity to vote on the constitution, and they say this is how democracy should work. however, in tahrir square, you have the opposition faction. their position is they have been sidelined, squeezed out in the process of the draft of the constituti constitution, and they believe the islamists, the muslim brotherhood, president morsi, they have been sidelined by th
to govern and i can only govern if i make you understand that i'm not going to put up with it anymore. >> it seems like an outburst that has been two years in coming and is loaded with things like, we don't have control of the united states senate because of you, tea party people who have given us nuts as republican senate nominees. and boehner's life would be so much better if he was working with a republican senate instead of the democratic senate he is working with. >> yes. and also, though, i think this message is that the speaker, he wants to govern. the whole point of coming to washington is not just to slash, cut, close. it is about governing. and john boehner for whatever you think of him is someone that wants to get a deal. he wants to govern. by doing what he has done, he is saying, look. enough with the games. we don't have the senate as you were saying. the only way we can do this is if i pull on the reins a whole lot. not just a bit. that's what he's done. >> the striking thing is how much outrage there is not. we had to comb around to find these comments. thank you very
leftism. what you get are massive cuts in defense. and higher taxes. that means the government expands without improving the one thing that works. so you are feeding obese fat man called the government who still isn't doing any good. what they are doing is blackmailing us. president obama is blackmailing saying if you don't do this, if you don't raise taxes on 2%, this is what will happen. >> eric: can i take issue with that? what if we don't go off the fiscal cliff? we are about sequestration later and do the game with the tax hike and spending cuts. we have the same thing? $20 trillion in the hole in four years, 25 trillion in nine years. nothing will change. this place is bankrupt. >> greg: president obama is obsessed with the 2%. like the crazy stalker breaking in david letterman's help. he hates the rich. it is not going to end. in two years we come back and deal with this. >> eric: why don't you want to go off the fiscal cliff? >> bob: a lot of people will get hurt. i don't care if the 2% will get hurt. >> greg: you hate rich people. >> bob: i don't hate them. they're all right.
and the government. but what we've seen is the industry minister coming out and again mentioning as you say that he's one of the more left wing officials in france, we get that, but still for him to sort of double down on those comments and say, no, actually, i look around, i see other countries nationalizing these companies. why shouldn't we, too. >> but i think they really do see certain of their companies as more a property of france than of shareholders. their yogurt company. >> but mattel bought france's arsenal back in 2006. so while it's a traditionally france company, it's very important example of cross border m&a. and this is a company again, an india company owned wouldby guy are french in their behaviors. stefane has been all over this kind of explaining the various ang angles. so as we're talking about other wealthy french leaving the country amid the tax hikes that you've been talking about, it's also a lot of the entrepreneurs here who are to some glee getting in the crosshairs of the government. >> i have to give you some advice. the key for you is to understand what they're says, b
and not serving what they swore to serve the american people. he points out the whole drowning the government in the bathtub. people are suggesting demolishing the government are anarchists. they are starving the beast by saying those who signed the pledge are unfit by office. [ applause ] >> stephanie: thank you, sir. >> it's like they are working for the confederacy or something. >> stephanie: yeah when you are saying that's my goal to drown the government in a bathtub. >> exactly. >> stephanie: thank you professor. [ applause ] >> you would do him. >> stephanie: no idea what he looks like. it doesn't matter. >> you would do him for his mind. >> turn the lights off. >> stephanie: just put the video on again, and put on this angelina jolie mask. [ buzzer ] >> you know she likes knives. >> stephanie: that's what makes it hot. >> well then. >> stephanie: here is what i love about the electoral pounding, is there is silver lining after silver lining isn't it? despite citizens united we were all so concerned, it turns out sheldon adleson lost $50 million more than was previously
better have government do something about the violence because that's what the people want. >> but the murder rate is up 25%. are you saying that the murder rate would be up 30%, 35% without this program? >> you take it one year at a time and you try and evaluate the programs and find out what is working, what isn't working so well, and you focus on the things that work well. you don't just say we're not going to do anything. >> reporter: even a member of quinn's own party, democratic state representative thaddaeus jones, has questions, asking where are the audits, administration costs and oversight of the many organizations. we can show you what the neighborhood recovery initiative did that is proof, say organizers. the money was well spent. teaching teens to change behaviors. and for $8.75 an hour, this is how the teens worked to reduce chicago's murder rate. >> this week we're talking about seeking inner peace. >> how do you deal with stress. >> my topic is about being healthy. >> governor quinn does not miss this parade. >> reporter: and yes, the state confirmed, part o
for the economy. we can make the government use the taxpayers' money more efficiently, lock in some spending savings and do some long-term entitlement reforms to make sure americans feel like they can retire with dignity. >> i want to make sure we're talking about apples and apples here, which is so hard in this discussion. the $800 billion which the republicans put forward, which would be a cap on deductions, how does that compare with how far the information is prepared to go when it comes to raising revenue from capping deductions? >> we don't actually know what the republicans think they can do in that context yet, because they haven't told us how they would propose to raise the $800 billion. we don't know whose taxes would go up. we don't know the mixes of rates and limitations they would support. we think there's a good case as part of an agreement alongside a tax increase on the wealthiest 2% of americans. we think with that mix of rates and deductions, we can reach agreement on something that's very good for the country. >> do you have a number? is there a number that the administrat
this government not for eight years or eight weeks or eight weeks but run this government for eight days, which means it's not a solution. the president is not interested in real policy solutions by evidenced by what he has proposed, he's interested in politics and that's the challenge that we have a getting through that and making certain that we not be talking politics, we talk about positive policy for american people, getting committee rolling and getting jobs created. >> the administration, as we've been saying, has said they're prepared to go over the cliff. we heard that from tim geithner. if republicans refuse to raise taxes on the wealthy and john boehner said yesterday that's unacceptable, though he admitted any revenue will be coming from the rich. let me play that for you. >> the revenues we're putting on the table are going to come from guess who? the rich. there are ways to limit deductions, close loopholes and have the same people pay more of their money to the federal government without raising tax rates, which we believe will harm our economy. >> there are, as i'm sure you know
in the federal government streamlining federal agencies. a different tone as both men sit down. we will have no cameras there so we won't be able to witness it. >> such a disappointment. you mentioned this, dan. there have been jokes about a potential cabinet position for romney. here is how white house press secretary jay carney responded to that one. >> is governor romney here tomorrow in some kind of cabinet-level position? some kind of audition for that position? >> no, no, no. >> okay. so i know it sounds ridiculous. but wouldn't it be nice if, like you said, president obama would find some role for mitt romney and mitt romney would actually agree to do it? >> reporter: well, you know, a lot of mitt romney supporters out there probably would think that might be a good idea. that would give him a chance to influence this administration. but there's no indication at all that the president plans to offer him a job. the president, when asked about what kind of role mitt romney could perhaps play said this is no suggestion here that he has a special assignment for mitt romney. it's just a ch
government could use this constitution and deny them their rights. the president says the constitution is out there for everyone to see. if you don't like it, go vote no. >> that's what they all say. we all know how that's going to be. >> he is going to leave wresh is not our president anymore. >> if he continues like this, we are going to wait in the streets until he go out. >> reporter: opposition factions sounding as defiant as ever, rejecting the president's position who has tried to calm them down by trying to assure them that there is no plot by the muslim brotherhood to monopolize power and according to the president, the best way to solve this is for egyptians to go out on december 15th and vote. obviously, many of these opposition factions don't trust them. around 10:00 p.m. everyone started to go home, and now the question, will they be back tomorrow and the next day, and what options do they have beyond protesting? >> we've got reza on the phone in cairo. first of all, what are you seeing now? what is taking place? the sun is down, and obviously, people are taking to the streets ag
sides agree that the government needs to raise more money. how much and how they do it are two of the major sticking points. >>> and protests and a constitutional crisis, what is next for egypt. we'll dig deeper into the struggle for power between conservative islamists and liberal secularists. and later, brad pitt talks about his future with angelina jolie. >>> and a dog reunited with his owner after seven years apart. we will show you how it happened. r help in choosing the right plan for your needs. so don't wait. call now. whatever your health coverage needs, unitedhealthcare can help you find the right plan. open enrollment to choose your medicare coverage begins october 15th and ends december 7th. so now is the best time to review your options and enroll in a plan. medicare has two main parts, parts a and b, to help cover a lot of your expenses, like hospital care... and doctor visits. but they still won't cover all of your costs. now's the time to learn about unitedhealthcare plans that may be right for you. are you looking for something nice and easy? like a single plan
millions and his work. marco rubio, pat toomey. very conservative, anti-tax, anti-government purists in the mold of jim demint. however, he also backed in republican primaries a number of republican candidates who simply were not electable according to the republican establishment and the establishment was right. for example, remember christine o'donnell, i'm not a witch, from delaware. ken buck of colorado. and others. so those are some of the reasons why he definitely has ruffled many a-feather with the party leaders and i have to tell you first thing i saw when the senate republican leader mitch mcconnell released a statement today was making the point that demint had, quote, uncompromising service. didn't have to read between the lines too much to see there's a backhanded compliment. >> dana, what about bigger picture here and talking about the republican party aenl just talking about folks like ryan and rubio, let's say, part of maybe the next generation republicans. do you think that demint's brand of republicanism is falling out of favor with sort of the newer version of what
should not be conceding that the federal government needs more money, negotiating with ourselves and treating the president's proposal like it's serious. >> we do agree that 8% of the american people are getting about 80% of this tax cut shouldn't have their taxes raised. my suggestion was let's take the one area we agree and take it off the table. >> but zoraida, as you saw there from the president earlier in that bloomberg interview, he is digging in, saying there can't be a deal unless upper income americans pay more. middle-class americans should get the bush era tax cut extension. is he not backing down from that at all. the president saying in that interview that he's not being stubborn. he's not being partisan but rather that it's, quote, a matter of math. >> we've been talking now for a while that americans blame republicans if a deal doesn't go through. new polling shows americans are pessimistic a deal will be reached at all. break down those numbers for us. >> the tune that we're seeing now from not only the white house but also members up on capitol hill where they on
cain and we should agree to torture and torture these government officials. they locked themselves back in a room in the summer of 2011 and did nothing. we report as if this fiscal cliff were a bruce willis movie, an ast troid coming from outer space unexpectedly. this fiscal cliff was deliberately put in place. >> by these guys. >> by these people. >> on their watch. >> you hear harry reid go up there. the senate has been incapable of passing a budget for several years. >> four years. >> i'm not talking about the senate passing a budget and the house agreeing and the president sign. just that one chamber. >> you don't sound like you're hopeful they're going to get a deal done any time soon. >> i think the market is being complacent. i think there likely will be a deal before the super bowl in february. i'd say most likely. but those talks will break down before there's a deal. i'm not sure this market is prepared for a breakdown. >> christian, what about that? clearly, the market is not prepared for it because the market is hanging on every word from each side. what do you want to do i
that licenses the people to be able to drive on the streets. it's not the federal government. i'm not surprised i'm being sued, but that's the law and i'm going to obey my oath of office. >> it is worth noting that according to the arizona republic, the state already grants licenses to noncitizens with work permits. brewer seems to be singling out those who have received their permits through the department of homeland security's executive action. translation, jan brewer is picking a fight with president obama. michael steele, i have to go to you first on this. >> okay. sure, why not. >> i'm sorry, my friend. you have spoken at length and substantively about the problem that the gop has, not only with minorities but specifically with latinos. here we have a governor, we know the gop has been tripped up by actions at the state level, seems to be happening again with brewer. why is she pursuing this now. >> i don't know. it's clearly something within the water of her state. >> the water supply of arizona. >> which is dwindling. >> i think governors look at things like this through a different pri
sector. i think we are starting to see a slowdown in the job loss from the government sector. so, i think we're going to be seeing a better than half speed recovery. so, you do want to be taking a balanced approach. we do favor the consumer discretionary at this point offsetting with health care. >> gentlemen, thank you. more breaking news coming away right now. thanks for your thoughts. appreciate it. >> we have the letter. let's get to eamon javers. >> this is the letter speaker boehner sent to the president of the united states. the language he's choosing is important to understand, as he draes the president. the speaker saying, after a status quo election in which both you and the republican majority in the house were re-elected, the american people rightly expect both parties to come together on a fair middle ground and address the nation's most pressing challenges. the speaker characterizing this as a status quo election. that's not the way the white house sees it. the white house sees it as an election they won and they picked up seats in the congress. the speaker here reminding th
money, how we can be able to create more efficiencies and government and spending with some of the different demonstrations that we've done in our various states and we plan on getting back to the president, vice president with some of our suggestions and ideas. so we appreciate their time today. >> so with that, why don't we take a question -- i think what you'll see, we're not sort of saying it should be this plan or that plan. what we all agree on is something that ought to get done and the idea that taxes on so many middle class americans could go up at the beginning of the year if something isn't done is something that could negatively impact the economies in all of our states. so with that we'd be happy to take some questions. >> plan to have middle class tax cuts be extended now and have it put off a discussion on tax rates for the wealthy and did you also encourage or support the president's plan for tax rates to go up on the top 2%? >> well, we're not backing one particular plan or another. as i said a moment ago -- and i'll ask my colleagues to comment additionally
debt by a single penny, and he continues with this line, big government is the cause of our debt crisis. sir, big government, what about the two big long wars and the big bush tax cuts as being responsible for the in accordance debt? did they have no part to play? >> well, there's no question about that, but the truth of the matter is you start your slashing of government in matter what part, laying off people, throwing them into the unemployment marment, making certain we have no disposable income, can't pay for mortgages, can't pay rent, can't pay for food and services, what happens to the small businessman that's already catching hell in the community? in other words, unless people get together and have some protection for the vulnerable and to make certain that those in the top 2% pay their fair share, and the truth of the matter is that i meet some of these people on the train coming back and forth from washington to new york, and they are saying that no one represents them in terms of protecting them against an increase in the taxes. these taxes haven't been changed since 1950. ma
to be the low tax small government party. the other party leadership proposes, wait for it, $800 billion in tax increases. it's noted that the democrats have celebrated the proposal put out by president obama. meanwhile, you have a number of republicans slamming speaker boehner. how would you describe his position right now? >> well, he really didn't win for losing. he's trying to say to president obama if i wanted topaz your proposal i can't do it. he's really truly between a deal and promise and getting the fight over with and a conference that won't allow it. i think what senator demint is saying and house republicans are saying to john boehner is, let's go over the cliff. that we can live with the sequester and we absolutely will not raise tax rates no matter what. what that does is eliminate all of the tax cuts and then there's a new fight in january to push obviously by the democrats to restore tax cuts for 98% of americans. and then that will be muddied by the need for a debt ceiling increase and the fight goes in to february. it's government at the brink all the time. we don't know how
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